Private exchanges augment public markets, make financial ecosystem more complete: HGX chairman

The newly appointed chairman of Hg Exchange, Richard Teng, believes private exchanges will play a complementary role to their public counterparts instead of replacing them.

Richard explains that private capital markets are steadily gaining momentum in deal volumes as more companies delay their initial public offerings or go private. This has led to abundant opportunities in the private capital markets, with their "vibrancy in activities" surpassing their public counterparts.

 

Read on THE BUSINESS TIMES.

 

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